Wednesday, February 17, 1999

1999 Mitsubishi Mirage Named Among Most Environmentally Conscious Cars

CYPRESS, Calif., Feb. 17 -- The 1999 Mitsubishi Mirage was named one of the top 12 "greenest" vehicles in 1999 by the American Council for an Energy-Efficient Economy (ACEEE) today, the second consecutive year the vehicle has won the award. ... Continue reading

1999 Suzuki Swift Named One of Top 12 Environmentally Conscious Cars

1999 Suzuki Swift Named One of Top 12 Environmentally Conscious Cars. American Council For an Energy-Efficient Economy Identifies Swift Among the 'Best of 1999' ... Continue reading

9th International Motorcycle Show Roars Into Atlanta

The Cycle World International Motorcycle Show(R), presented by Toyota Trucks, roars into Atlanta for the 9th year at Georgia International Convention Center, Feb. 19-21, 1999. ... Continue reading

AAA Receives Applause From AirBag Options, Inc.

FORT WORTH, Texas--Feb. 17, 1999--AirBag Options, Inc. today said that it applauds the American Automobile Association's decision to reimburse their members who have received Federal authorization to have an air bag on/off switch installed to increase the safety of drivers and passengers. ... Continue reading

Ace Auto Parts Announces Merger with General Parts, Inc.

Thomas D. Cox, President of The Parts Source, Inc. announced that the Company has entered into an agreement with General Parts, Inc. whereby General Parts, Inc. will acquire all of the outstanding shares of Common Stock of the Company. ... Continue reading

Action Performance and Speedway Motorsports Announce Sponsorship and Licensing Agreement for NASCAR Events

Action Performance Companies Inc. announced a comprehensive sponsorship and licensing agreement with Speedway Motorsports Inc. through 2003, providing Action Performance with trackside licensing and merchandising rights for NASCAR's Winston Cup and Busch Grand National race events held at all Speedway Motorsports' venu ... Continue reading

ADT Automotive Releases 1999 Used Car Market Report

NASHVILLE, Tenn.--Feb. 17, 1999--The sale of used vehicles remained strong in 1998, fueled by heavy demand for late-model off-lease vehicles that continued to exceed expectations and contributed to one of the strongest used car years to date, according to ADT Automotive's 1999 Used Car Market Report. ... Continue reading

ARA Racefacts Bulletin and Model Review (week of 2/14/99)

AUTO RACING ANALYSIS RACEFACTS BULLETIN, FEBRUARY 14, 1999, 1999 DAYTONA 500/WINSTON CUP REVIEW, AUTO RACING ANALYSIS MODEL REVIEW ... Continue reading

Bikers Dream Launches New Models

RIVERSIDE, Calif.--Feb. 17, 1999--Bikers Dream Inc. announced today that it had received over $3.6 million in orders for its Ultra Cycles brand of motorcycles and signed on an additional 16 new dealers at the Powersports International 1999 Dealer Expo held in Indianapolis over the Valentine's Day weekend. ... Continue reading

Borg-Warner Receives Clearance from German Antitrust Regulators

Borg-Warner Automotive, Inc. announced it has received approval from the German merger control authority, the Bundeskartellamt, to proceed with the company's acquisition of Kuhlman Corporation. ... Continue reading

Budget Offers One-Way Rates Out of Florida For Just $9.95 Per Day

Budget Rent a Car Corporation, the world's third largest car and truck rental company, announced a special One-Way Florida Drive-Out rate of only $9.95 per day for intermediate cars, from March 29 through May 15, 1999. ... Continue reading

Chrysler, Plymouth, Jeep(R) and Dodge Vehicles Garner Major Automotive Awards

AUBURN HILLS, Mich., Feb. 17 -- With 1999-model year sales off to a strong start, the Chrysler, Plymouth, Jeep(R) and Dodge brands of DaimlerChrysler have already captured some of the industry's most prestigious and significant vehicle awards. ... Continue reading

Creative Master Reports Fourth Quarter and Fiscal Year Results

Creative Master International, Inc. reported significant financial and operating gains for its fourth quarter and fiscal year ended December 31, 1998. ... Continue reading

Dana Corporation Facility Receives Arkansas Quality Achievement Award

Dana Corporation's Russellville, Ark., camshaft facility has received the Quality Achievement Award from Gov. Mike Huckabee as part of the Arkansas Quality Award program. ... Continue reading

DCH Technology Chosen by Antaeus for Bridge Monitoring System

DCH Technology, Inc. announced that it has been selected by Antaeus Corporation for incorporation into its technology suite for use in its "smart" bridge monitoring system. ... Continue reading

Dodge Ram Vans and Wagons Recalled

AUBURN HILLS, Mich., Feb. 17-- DaimlerChrysler today announced the voluntary recall of 328,500 Dodge full-size Ram Vans and Wagons to replace airbag electronic control modules. The recall action involves two groups of vehicles, covering 1998 and 1995-1997 model years. ... Continue reading

DynaMotive Announces Settlement Agreement

VANCOUVER, British Columbia, Feb. 17-- DynaMotive Technologies Corporation announced today that a settlement agreement has been reached with all of the remaining holders of the Company's outstanding convertible debentures. ... Continue reading

Energy Conversion Devices Announces Q2 Operating Results

Energy Conversion Devices, Inc. today announced operating results for the three months and six months ended December 31, 1998 ... Continue reading

Environmental/Safety Training Guides for Mechanics and Technicians

Environmental Development Corp. (EDC) is introducing two new environmental and safety training/awareness guides for shop mechanics and technicians. ... Continue reading

Featherlite Reports Record Net Income And Sales For Fiscal Year 1998

Featherlite, a leading manufacturer and marketer of specialty aluminum trailers and luxury motorcoaches, reported record sales for the year ended Dec. 31, 1998, of $190.9 million. ... Continue reading

Ford Norfolk Assembly Plant Year-End Results

Norfolk and the state of Virginia were beneficiaries of the record profits at Ford's Norfolk Assembly Plant in 1998. ... Continue reading

Ford Standardizes On Dell Computer Systems

Dell Computer Corporation Announced that Ford Motor Company has chosen to standardize its Intel(R) processor-based desktop, notebook and server computer systems worldwide on the Dell brand. ... Continue reading

Gas Prices Drop for Fourth Consecutive Month, AAA Survey Shows

The national average price of self-serve regular unleaded gasoline fell 1.9 cents in one month to 96 cents per gallon, according to the AAA Fuel Gauge Report. This is the fourth straight month that prices have dropped. ... Continue reading

Genuine Parts Company Increases Cash Dividend

ATLANTA--Feb. 17, 1999--Genuine Parts Company announced an increase of 4% in the regular quarterly cash dividend for 1999. ... Continue reading

Genuine Parts Company Reports Record Results for 1998

Genuine Parts Company completed its 71st year in operation with record sales and earnings for the fourth quarter and the year ended December 31, 1998. ... Continue reading

Hertz to Be the Exclusive Car Rental Company for Harrah's Total Gold Program

PARK RIDGE, N.J., Feb. 17-- Effective March 1, 1999, The Hertz Corporation , the world's largest car rental company, joins Harrah's Total Gold Program as the exclusive car rental provider for program members. ... Continue reading

IEC to Manufacture GenRad's Worldwide Diagnostic System for Ford

IEC Electronics Corp. announced that it has been awarded a contract by GenRad, Inc. to manufacture GenRad's Worldwide Diagnostic System (WDS) for the Ford Motor Company. ... Continue reading

Intellichoice Names Nissan Vehicles 1999 'Best Overall Value'

Four 1999 Nissan vehicles earned 'The Best Overall Value of the Year' designations in the 13th annual IntelliChoice Best Overall Value of the Year Awards announced recently ... Continue reading

International Speedway Corporation Announces Record Television Viewership for the Daytona 500

International Speedway Corporation announced record television viewership for the NASCAR Winston Cup Series Daytona 500 and record revenues for the Speedweeks events held at its Daytona International Speedway from January 28 to February 14, 1999. ... Continue reading

IPSCO Steel Inc. Announces the Filing of a Trade Case

IPSCO Steel Inc. announced that, together with four other companies and the United Steelworkers of America, it has filed a trade case against the major exporters of cut-to-length plate products to the United States. ... Continue reading

Jackie Stewart Tours Site of 2000 U.S. Grand Prix

Jackie Stewart, yesterday (Tuesday, February 16th) became the first current F1 participant to tour the new Formula One road course at the Indianapolis Motor Speedway (IMS) and came away impressed with what he saw. ... Continue reading

JPE Inc. to Sell Industrial & Automotive Fasteners Inc.

JPE Inc. announced today that it has reached an agreement in principle with MacLean-Fogg Company of Mundelein, Ill., to sell substantially all of the assets and business of its wholly-owned subsidiary, Industrial & Automotive Fasteners Inc. (IAF), for a cash purchase price plus the assumption of certain liabilities ... Continue reading

Kids Do the Buckle During National Child Passenger Safety Week

Did you know that motor vehicle crashes are the leading cause of death to children (0-14 years), taking the lives of 2,656 children and seriously injuring 282,000 more in 1997? ... Continue reading

Major Automotive to Acquire Compass Lincoln-Mercury and Compass Dodge

Fidelity Holdings, Inc. announced that in conjunction with its wholly-owned subsidiary Major Automotive, the Company signed a contract, subject to certain conditions, to acquire New Jersey- based Compass Lincoln-Mercury and Compass Dodge. ... Continue reading

Monaco Finance Announces New Chief Executive Officer Evaluating Strategic Alternatives

Monaco Finance, Inc. (Nasdaq OTC-BB: MONFA) reported that its Board of Directors accepted the resignation of John Sloan as a Director of the Company as well as the resignation of Joseph Cutrona, as Chief Executive Officer ... Continue reading

Regional Gas Prices Hit 7-year Low, Says AAA

February was another record-breaking month for low gas prices, AAA reported. Gas prices in N. California averaged $1.14 a gallon for self-serve regular unleaded -- the lowest price in nearly seven years, according to AAA's monthly gas survey. ... Continue reading

Saab Sponsors IMAX Adventure Sports Film

Saab Cars USA is the worldwide presenting sponsor of the new giant screen adventure Extreme. The film, which opens in March 1999, features the best athletes in the world as they challenge the most intimidating forces of nature, in some of the world's most remote and extreme places. ... Continue reading

Silicon Graphics Have Highest Performance in Automobile Crash Analysis

Silicon Graphics, Inc. said that its computers are helping Ford Motor Company produce safer cars. ... Continue reading

Sonic Automotive, Inc. Reports Record 4th Quarter Earnings

Sonic Automotive, Inc. announced that net income for the fourth quarter ended December 31, 1998 increased 406% to $6.3 million, or $0.24 per diluted share, from $1.3 million, or $0.07 per diluted share, for the fourth quarter ended December 31, 1997. ... Continue reading

Stewart Wants Jeff Gordon to Go F1

Formula One legend Jackie Stewart says he would 'love to' see American auto racing superstar Jeff Gordon join the Grand Prix circuit in time for next year's inaugural United States Grand Prix race at the Indianapolis Motor Speedway ... Continue reading

The Heart of the Chicago Auto Show

While shiny new cars and glitzy displays seem to grab the majority of headlines from the 91st Chicago Auto Show, the headlines don't capture one of the most important parts of the annual exhibition at McCormick Place: the show's heart. ... Continue reading

Thor Reports Record Net Income, Sales in Quarter, Half

Thor Industries, Inc. announced record results for the second quarter and six months ended January 31, 1999. ... Continue reading

Thrifty Car Rental Opens New In-Terminal Location at Oakland Airport

Thrifty Car Rental has signed an in-terminal concession agreement with Oakland International Airport and will be serving customers from two counters, one in each airport terminal, effective immediately. ... Continue reading

TMS Speedway Club - 2nd Largest Health Club in Dallas

Working up a sweat or relaxing with a soothing massage - members of The Speedway Club will have a variety of ways to get fit and be pampered in the second largest health club and spa in the Fort Worth-Dallas area. ... Continue reading

Trak Auto Corporation Announces Sales

Trak Auto Corporation announced that sales for the 52 weeks and 13 weeks ended January 30, 1999 decreased 30.9% and 16.0% to $220,726,000 and $51,767,000, respectively. ... Continue reading

United Road Services, Inc. Completes Latest Round of Acquisitions

United Road Services, Inc. announced it has acquired four vehicle transport companies and three towing and recovery companies with combined trailing 12-month revenue of approximately $20 million ... Continue reading

U.S. Grand Prix Facility Construction in High Gear

The Indianapolis Motor Speedway is wasting little time preparing for arrival of the first Formula One U.S. Grand Prix race in 2000. ... Continue reading

Williams Controls' Net Earnings From Continuing Operations Up 21%

Williams Controls, Inc. announced its results for its fiscal first quarter ended December 31, 1998, including a 21% increase in net earnings from continuing operations and an 18% increase in sales. ... Continue reading

Winnebago Industries' Motor Homes Receive Top Sales Award Honors

FOREST CITY, Iowa, Feb. 17-- Statistical Surveys, Inc., a retail reporting firm in Grand Rapids, Michigan, announced today that Winnebago Industries, Inc. had received two awards for top retail sales volume achievement for its motor homes. ... Continue reading